Tag: Government e-Marketplace

GeM eyes procurement of ₹2 lakh crore in FY23

GeM eyes procurement of ₹2 lakh crore in FY23

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Government e-Marketplace (GeM), a national procurement portal, is eyeing annual procurement worth ₹2 lakh crore during FY23, following a buoyancy in its adoption, said Prasanth Kumar Singh, CEO.  “In the first four months of the current fiscal, we did a gross merchandise value (GMV) of ₹60,000 crore and hence, ₹2 lakh crore is achievable,” he said […]

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Union Cabinet allows procurement by cooperatives through GeM portal

Union Cabinet allows procurement by cooperatives through GeM portal

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The move will help over 8.54 lakh registered cooperatives and their 27 crore members The move will help over 8.54 lakh registered cooperatives and their 27 crore members The Union Cabinet on Wednesday approved a proposal to expand the mandate of Government e-Marketplace (GeM) by allowing procurement by cooperatives. Presently, the registration of cooperatives as […]

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